In deciding which bail bond company to use, it is important to understand first that not all bail bond companies deal with all types of bonds. You’ll want to do some research to find the business that fits your needs. You may want to check out Connecticut Bail Bonds Group for more.
It is easier to gain a better understanding if you have a knowledge of the multiple bail forms. Bail comes in various ways such as state bail, federal bail, land, and currency. Generally speaking, when you’re looking to work with a bail bondman, you’re opting for a surety bond— a contract where the bondman offers to promise that the convict should appear in court along with the co-signer.
The cosigner might want to collect specific information before making phone calls to a bondsman. If making calls to various companies, it is important to have details such as the full legal name of the person, their date of birth, their social security number, their precise allegations, the detention center (jail) they are detained by, who they were charged by, and how much the bail amount is. If you don’t have all that knowledge, you’ll want to consult with a specialist who knows the process of getting details from the jail and electronically.
Being a cosigner, it is also important to remember that the bondman’s fee (known as the bail premium) will have to be paid at the time of signing the contract. That charge is 10 per cent of California’s maximum bail amount. If the co-signer is unable to fulfill such financial obligations in time, certain bail firms may negotiate with them to consider alternative financial means such as paying by credit card or authorizing deposits, and in some situations use real property (a home) protection. In some cases, collateral and property bonds can mean the co-signer will use their home as financial security for the bail bond.
Many bail bond companies operate differently and may require different things up front or have other limitations. If a cosigner feels they can’t meet the bail bonds company’s criteria, there may be other opportunities for them at another bondman.
More notably, before dealing with the client, make sure to check whether or not they are licensed and, in that particular state, can lawfully practicing writing bail bonds. You might also want to see if they contract bounty hunters, or not. This is important if the defendant chooses to skip bail and can not be found, then the co-signer will be financially obliged to provide the total amount of the bond. A strong company is going to address all of these things with you beforehand.